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The differences between associate brokers and real estate consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, which is higher than the $64,361 average annual salary of an associate broker.
The top three skills for an associate broker include excellent client, real estate sales and financial resources. The most important skills for a real estate consultant are customer service, real estate market, and project management.
| Associate Broker | Real Estate Consultant | |
| Yearly salary | $64,361 | $92,358 |
| Hourly rate | $30.94 | $44.40 |
| Growth rate | 5% | 5% |
| Number of jobs | 8,836 | 22,428 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 49 | 49 |
| Years of experience | - | - |
An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.
A real estate consultant is an individual who provides specialized investment and financial advice to clients who are looking to buy, sell, or invest in property. A real estate consultant must provide as many details as possible so that the client can make their decision and avoid problems in the process. They provide clients with value-added services such as asset management, market analysis, and lease management. Real estate consultants must also work with a variety of clients, including construction companies, business owners, or third-party investors.
Associate brokers and real estate consultants have different pay scales, as shown below.
| Associate Broker | Real Estate Consultant | |
| Average salary | $64,361 | $92,358 |
| Salary range | Between $38,000 And $106,000 | Between $61,000 And $138,000 |
| Highest paying City | New York, NY | Boston, MA |
| Highest paying state | New York | Massachusetts |
| Best paying company | Cushman & Wakefield | Marcus & Millichap |
| Best paying industry | Finance | Finance |
There are a few differences between an associate broker and a real estate consultant in terms of educational background:
| Associate Broker | Real Estate Consultant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between associate brokers' and real estate consultants' demographics:
| Associate Broker | Real Estate Consultant | |
| Average age | 49 | 49 |
| Gender ratio | Male, 52.5% Female, 47.5% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3% | Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |